VEEM Ltd (VEE.AX) - Net Assets

Net assets on the balance sheet as of June 2024 : £26.17 Million

According to VEEM Ltd's latest financial reports the company has £26.17 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

VEEM Ltd - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$£27.58 M	219.88%
2023-06-30	$£8.62 M	0.79%
2022-06-30	$£8.55 M	-56.91%
2021-06-30	$£19.85 M	69.74%
2020-06-30	$£11.69 M	-11%
2019-06-30	$£13.14 M	-20.44%
2018-06-30	$£16.52 M	-2.84%
2017-06-30	$£17 M	25.67%
2016-06-30	$£13.52 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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VEEM Ltd (VEE.AX) - Net assets